A maximum of 5 providers will compete to give you the best rates (Aug 2017)

Loan Amount (in Rs.)

Purpose

Car Manufacturer

Car Model

Monthly Income (in Rs.)

Name (as per PAN Card)

Email

Mobile

Residential Status

Date Of Birth:

City

Locality/Area

Locality/Area

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Toyota to announce small car project before the end of 2007

Toyota will introduce a small car in the Indian market by end of 2007

Apnaloan.com Research Bureau

10 Aug 2007

Japanese car major Toyota's small car plans for India will either involve a
brand new car based on its Yaris platform or an India-specific model developed
from scratch.

Sources in the auto industry say that the company is still working out its
cost feasibility between these two options although it has already kicked off
its second plant plans.

Reports say that Toyota's Indian subsidiary, Toyota Kirloskar Motor may
announce its small car project before the end of 2007. The car is being built
on a new platform in Toyota's second plant which is likely to come up in
Bangalore with an investment of around Rs 2,000 crore.

"The new car is being built on a new platform and that is the reason we have
taken more time than was expected," Toyota Kirloskar Motor MD Atsushi
Toyoshima told Economic Times.

Reportedly, Honda is using its Fit/Jazz platform to churn out a next-gen
product for India.

Auto industry sources say Toyota may follow the Innova model for its small car
sourcing from specific low-cost centres and selling the model in Asia and the
BRIC markets. The small car may also come with both petrol and diesel power
trains.